Valenciaport consolidates port of Sagunto as intermodal logistics hub
The Board of Directors of the Port Authority of Valencia has approved an administrative concession to Toyota Logistics Services Spain for operation of a freight...
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Arkas seals IFC-led financing as expansion gathers pace
Arkas Holding, the parent of Turkey’s largest liner, has taken a significant step in its shipping and logistics growth plans after securing a $335m syndicated...
Sanctions spur surge in Russian oil languishing at sea
The amount of oil stranded on tankers worldwide has ballooned in recent months, with Russian barrels making up an outsized share of the floating glut as sanctio...
Julyana Free Zone launches smart port partnership
Julyana Free Zone, the maritime hub at the Port of Benghazi, has taken a major step in digital innovation. It adopted the N4 terminal operating system from Kale...
Ukrainian drones hit Novorossiysk as strikes on Russian Black Sea ports intensify
Ukrainian forces mounted a large drone strike on Novorossiysk early Friday, damaging a ship in port, hitting apartment blocks, and igniting a blaze at one of Ru...
Prosafe flotel secures further extension in UK North Sea
Prosafe has landed another extension for the accommodation unit Safe Caledonia after Ithaca Energy opted for an additional seven weeks of work at the Captain fi...
Wärtsilä expands spare parts hub in the Netherlands
Wärtsilä will expand its main spare parts distribution centre in Kampen, the Netherlands, by 40%. The company will also consolidate nearby leased stor...
Trucking’s Two-Front War: Capacity Contracts And Costs Explode
In the November 4 episode of Loaded and Rolling, Michael “Mike” Precia, president and chief strategy officer at Fleetworthy, sat down with host Thom...
UP CEO: BNSF wrong on intermodal lanes closure after merger
A back-and-forth exchange this week between the CEOs of Union Pacific and BNSF Railway over potential impacts of a UP-Norfolk Southern merger has seen UP CEO Ji...
EUROGATE and CMA Terminals agree on strategic partnership
EUROGATE and CMA Terminals have signed a term sheet agreeing on key points of a strategic partnership that includes, inter alia, a 20% share for CMAT in EUROGAT...
Waberer’s posts strong Q3 results
Waberer’s Group reported revenue of €205.4 million in the third quarter, up 8% year-on-year. EBIT rose 23% in the quarter and more than 41% over the firs...
Hapag-Lloyd targets 22 new ships in fleet renewal drive
Hapag-Lloyd is moving ahead with a major fleet renewal programme that will see the German liner giant invest in up to 22 new containerships in the sub-5,000 teu...